The Mexican peso continued its strong performance against the U.S. Dollar on Sunday, February 22, 2026, holding steady at 17.13 pesos per dollar, the same level it closed at on Saturday, February 21, according to Bloomberg data. This stability follows a positive trend for the peso, bolstered by a U.S. Supreme Court ruling against tariffs imposed by former President Donald Trump.
The Supreme Court’s decision, which found that Trump exceeded his authority in imposing tariffs under a law of emergency, led to gains in both the Mexican peso and the Mexican stock market. Following the ruling, Trump announced a global tariff of 10% to replace the annulled levies, a move that has kept investors attentive and could influence the peso-dollar exchange rate in the coming days.
As of Sunday, the average exchange rate in bank windows was reported as 17.13 pesos per dollar, with a buying rate of 16.85 pesos and a selling rate of 17.43 pesos. Several Mexican financial institutions reported the following rates:
- Afirme: Buying – 16.40 pesos, Selling – 17.80 pesos
- Banco Azteca: Buying – 16.95 pesos, Selling – 17.79 pesos
- Banorte: Buying – 15.95 pesos, Selling – 17.45 pesos
- BBVA: Buying – 16.07 pesos, Selling – 17.60 pesos
- Banamex: Buying – 16.63 pesos, Selling – 17.59 pesos
- DOF (Diario Oficial de la Federación): Rate – 17.1722 pesos
The U.S. Dollar to Mexican Peso exchange rate was 17.1821 as of 3:33 PM UTC on February 23, 2026, according to Google Finance. XE.com reports a mid-market rate of 17.18852484 MXN per 1 USD as of 15:33 UTC on February 23, 2026.
Analysts at Grupo Financiero Monex and COMCE have cautioned about potential impacts to Mexico following the Supreme Court’s ruling, citing risks to exports, the USMCA trade agreement, and the automotive sector. The court’s decision eliminates a 25% tariff under the IEEPA, but leaves the 10% global tariff announced by Trump in place.